Boeing reports $234 million 2Q net loss

Boeing reported a consolidated net loss of $234 million for the 2016 second quarter, a $1.34 billion reversal from the 2015 June quarter.
The US manufacturer said the results reflect previously announced research and development (R&D) charges, including a $1.24 million expense related to the reclassification of costs associated with two 787 flight test aircraft from program inventory; a pre-tax charge of $1.88 million on the 747 program; and a pre-tax charge of $354 million on the ...

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A golden rule of good industry journalism when the publication you work for covers the air transport business is that you never pre-judge the cause of an airliner crash. It is, I believe, something that holds true across the professional air transport industry: Let the investigation take its course and professionals determine the real cause....More

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